Question: Please help me answer the following question. Thank you Question 18 Ladders, Inc. has a net profit margin of 5.2% on sales of $51.6 million.

Please help me answer the following question. Thank you

Question 18

Please help me answer the following question. Thank you Question 18 Ladders,

Ladders, Inc. has a net profit margin of 5.2% on sales of $51.6 million. It has book value of equity of $40.3 million and total book liabilities of $29.6 million. What is Ladders' ROE? ROA? Note: Assume the value of Interest Expense is equal to zero. What is Ladders' ROE? Ladders' ROE is %. (Round to two decimal places.)

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